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EUR/CHF Bullish Momentum: 0.9% Up In The Last 5 Sessions

(VIANEWS) – EUR/CHF (EURCHF) has been up by 0.9% for the last 5 sessions. At 10:06 EST on Friday, 27 October, EUR/CHF (EURCHF) is $0.95.

EUR/CHF’s yearly highs and lows, it’s 1.317% up from its 52-week low and 5.507% down from its 52-week high.

Forex Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, EUR/CHF’s Forex is considered to be oversold (<=20).

Previous days news about EUR/CHF (EURCHF)

  • Eur/chf: sustained move lower on the back of fundamentals, continued tight financial conditions – danske bank. According to FXStreet on Wednesday, 25 October, "We forecast a sustained move lower in EUR/CHF on the back of fundamentals and continued tight financial conditions. ", "If the SNB decides to fully stop intervening, we see upside potential to EUR/CHF in the near term."
  • Eur/chf drifting into 0.9480 ahead of ECB rate call. According to FXStreet on Thursday, 26 October, "The EUR/CHF is floating into the top side heading into Thursday trading, and the pair caught a brief lift into 0.9490 before falling back into Wednesday’s range, and the pair now gears up for another showing from the European Central Bank (ECB).", "A resistance zone from 0.9520 to 0.9600 will complicate matters for any bulls that try to jumpstart a trend reversal, and a break below last November’s lows near 0.9409 will see the EUR/CHF making new all-time lows."
  • Eur/chf price analysis: recovers ground post-ecb’s decision but remains bearish. According to FXStreet on Thursday, 26 October, "On the other hand, and the path of least resistance, the EUR/CHF first support is seen at 0.9450. "

More news about EUR/CHF (EURCHF).

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